Category: Economy
Economy
Bank of England, revives negative interest rates talks amid COVID-19 crisis
(qlmbusinessnews.com via uk.reuters.com -- Mon, 18th May 2020) London, UK -- LONDON (Reuters) - A chorus of comments from top officials at the Bank of[more...]
Chancellor Rishi Sunak warns of ‘significant recession’
(qlmbusinessnews.com via bbc.co.uk - - Wed, 13th May 2020) London, Uk - - The chancellor has said it is "very likely" the UK is in[more...]
UK coronavirus lifeline extended for workers for four more months
(qlmbusinessnews.com via uk.reuters.com -- Tue, 12th May 2020) London, UK -- LONDON (Reuters) - Britain extended its job retention scheme — the centrepiece of its[more...]
Estate agents report rise in Homebuyers ‘plotting move to country’ amid increased home working
(qlmbusinessnews.com via theguardian.com - - Fri, 8th May 2020) London, Uk - - Homebuyers 'plotting move to country' amid increased home working Estate agents report[more...]
UK economy heading for its biggest contraction “in living memory”
(qlmbusinessnews.com via news.sky.com-- Tue, 5th May 2020) London, Uk - - A closely-watched survey shows an unprecedented slump for the dominant services sector during the[more...]
UK financial watchdog to ask courts to urgently clarify coronavirus business insurance
(qlmbusinessnews.com via uk.reuters.com -- Fri, 1st May 2020) London, UK -- LONDON (Reuters) - Britain’s financial watchdog said it would urgently ask the courts to[more...]
Trade Union Unite Push For All key workers family bereaved payments
(qlmbusinessnews.com via theguardian.com - - Wed, 29th Apr, 2020) London, Uk - - Call to extend £60,000 payouts for NHS staff relatives to others on[more...]
Greggs becomes the latest high street retailer reopening shops amid COVID 19 lockdown
(qlmbusinessnews.com via theguardian.com - - Mon, 27th April, 2020) London, Uk - - Chain follows Burger King and KFC in opening a few stores for[more...]
100% state-backed loans for small firms approved by Chancellor Rishi Sunak
(qlmbusinessnews.com via bbc.co.uk - - Mon, 27th April 2020) London, Uk - - Small firms are to get access to 100% taxpayer-backed loans after they[more...]
Recession Vs. Depression: What’s The Difference?
Source: CNBC Economists and journalists have been discussing the possibility of the U.S. entering a recession amidst the COVID-19 pandemic. Some have even gone as[more...]
Why is the dollar so powerful?
Source: CNBC For more than seven decades, the United States dollar has been the world’s reserve currency, with a majority of international transactions using the[more...]
BoE Jan Vlieghe says: “Britain’s economy experiencing possibly its deepest economic shock in several centuries”
(qlmbusinessnews.com via uk.reuters.com -- Thur, 23rd April 2020) London, UK -- LONDON (Reuters) - Britain’s economy is experiencing possibly its deepest economic shock in several[more...]
